Form 4: Sempra Executive Reports Stock Option Grant, Share Disposition

Sempra's Executive VP and CFO, Karen L. Sedgwick, reported the acquisition of 70,418 employee stock options and the disposition of 953.98 common shares.

Summary

• Karen L. Sedgwick, Executive VP and CFO of Sempra (SRE), reported changes in her beneficial ownership of company securities.
• On January 2, 2026, Sedgwick acquired 70,418 employee stock options with an exercise price of $89.71 per share.
• These options become exercisable in three equal annual installments, beginning on the first anniversary of the grant date (January 2, 2027), and expire on January 1, 2036.
• Also on January 2, 2026, Sedgwick disposed of 953.98 shares of Sempra common stock at a price of $89.71 per share, likely for tax withholding purposes related to equity compensation.
• Following these transactions, Sedgwick directly beneficially owns 40,325.59 shares of common stock and indirectly owns 153.61 shares through a 401(k) savings plan.
• Sedgwick directly beneficially owns 70,418 employee stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there was a disposition of shares, it was likely for tax purposes. The significant grant of stock options aligns executive incentives with long-term shareholder value, which is generally viewed favorably.

Positives

• The grant of 70,418 employee stock options aligns executive incentives with shareholder value, encouraging long-term performance.
• The significant option grant demonstrates continued confidence in the company's future performance by linking executive compensation to stock appreciation.

Negatives

• The disposition of 953.98 common shares, while likely for tax purposes, represents a reduction in direct beneficial ownership of common stock.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic direction. It solely reports insider transactions.

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects standard executive compensation practices within the utility sector.

Stakeholder Impact

• Shareholders: The grant of stock options aligns the interests of the Executive VP and CFO with those of shareholders, potentially motivating performance that drives stock appreciation.
• Employees: This filing pertains to executive compensation and does not directly impact the broader employee base, though it reflects the company's compensation philosophy for senior leadership.

Next Steps

• The employee stock options will vest in three equal annual installments, with the first installment becoming exercisable on January 2, 2027.

Key Dates

Keywords

Sempra, SRE, Form 4, Insider Transaction, Stock Options, Executive Compensation, Beneficial Ownership, Equity Grant